Global PV inverter market will continue to grow

Last year the global photovoltaic (PV) inverter market has experienced tremendous growth, the current growth trend increasingly steadily . According to an analyst at research firm Taiyou Research revealed that the growth of the Chinese market very quickly, and soon may reach 1GW of installed accumulation . India and other Asia-Pacific region in order to achieve 2020 targets for renewable energy , the government gives a clear development plan , so that these areas maintain long-term growth potential.

The global solar market depends largely on government incentives and markets such as the U.S. Recovery and Reinvestment Act (ARRA) for the photovoltaic industry to benefit from the creation of sustainable jobs. United States, Germany , China , Korea, France, over a variety of incentives have been proposed to provide domestic enterprises sustainable energy growth. These incentives can attract investment and increase employment opportunities. Most countries in the world , climate change and environmental issues will continue to be the primary factor in determining energy policy. The global financial crisis, governments around the world to change the current energy mix provided the opportunity.

PV inverter market is a great seller's market , so prices are not as high- pressure cells and modules . However , technological advances have also the solar inverters can stand in terms of price , great progress is by streamlining production processes, improve production efficiency and reduce power electronic components to reduce costs. Price and volatility of the components supply and demand gap is caused by price fluctuations price pressures , and therefore is expected to be moderate , in this market over the forecast period , due to the increased competition will lead to lower prices . Component price fluctuations and supply and demand gap leads to price volatility , and thus bring price pressure.

In countries need to build a solar photovoltaic power plant , the government to offset the cost of a certain percentage of funds through financial support and subsidy programs , such as Spain , Germany, Italy, India and the United States have introduced a variety of subsidies and incentive programs to compensate for the higher initial capital requirements investment in solar energy development.

Fiscal stimulus provided by the government , such as tariff , will continue to be a key factor driving the PV wind turbine inverter market. European countries to raise tariff and grid-connected photovoltaic installation main incentives , which stimulates the same grid-connected PV installed photovoltaic grid-connected inverter needs. Such as Germany , the United States and Italy, tariff would greatly boosted the PV inverter market . Czech Republic, Canada, France and the UK PV rapid warming , but also to a large extent due to the strong implementation of the tariff in these countries .